After a full day of strengthening, a correction is expected on the GBP/JPY chart.
The price is at strong resistance, the rsi is overbought. Target price is Fibonacci 0.5 zone, where there is also a key level.
Trade closed manually:
Closed at BE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.